Here is another trading system based on rainbow. The original creator is The Wicker and he started a thread at FF.

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Introduction-Trendfollower system.rar (527.7 KB, 323 views)

fantastic...

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1.gif (94.2 KB, 1040 views)

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ma-1200.tpl (18.8 KB, 225 views)

very pretty! But what use is it?

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regards

Adrazz

I made 100 ema but don't understand how to use it ..:P

As mentioned before, there is a huge thread on FF about trading with these indicators. The author promised mucho pips if his disciples just put in some 'screen time', predictably this ended up in it's own forum with it's own e-book which the author presumably makes good $$ from (why he would need to do this when he's making such a killing trading God only knows ). If you go and read the forum (after people have put in the 'screen time') nobody really seems to be getting anywhere, people are still struggling. So it looks pretty, but that's about it.

here is a very promising system working on rainbow INGOT'S RAINBOW ... A Position Trading Strategy - Forex Forum

hard to find a good indicator as the rainbow looks colorful but too many lines


so I modify it a little bit and make it more neat


first download, put it in your ..\template folder

then add choose template -- my template -- [andy....RAINBOW]


right click the chart area, and choose the 2nd tab
and CHECK-mark (tick) the option
[ candle bars in the foreground ]


I think this is only GOOD for ENTRY time only

may recognise consolidation time


2 cents advice, don't BITE on the first outbreak, wait a bit !!


this indicator don't seems to be good for anything else, as it is just SIMPLE moving average -- after all
and

in the past, people use 3 or 5 MA to read the crossing anyway, but this indicator , just make it more simple to APPLY that MA method , so it might prevent you TO START trading time for the day

-- got attachment ---

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ANDY-1min-RAINBOW.tpl (66.8 KB, 127 views)

Hello

i have found strategies but something opens necessary correct position not eno

sorry for my bad english

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TrendFollowerRainbowMethod(yast77).mq4 (9.9 KB, 120 views)

your above post


the attachment, I can't see the indicator at all

maybe it DO nothing, can't see 1 thing there


if you have to improve english typing, use a translator

Hello

Sorry indykator & template for system

Attached Files

Trend Follower - Indicators, template.zip (24.0 KB, 201 views)